GE Vernova's first quarter revenue and earnings per share both exceeded market expectations.
On April 22nd, GE Vernova announced a first quarter revenue of $9.34 billion, higher than the expected $9.11 billion; earnings per share for the first quarter were $17.44, compared to $0.91 in the same period last year; adjusted EBITDA was $896 million, higher than the expected $791.1 million; backlog orders for the first quarter increased to $163 billion.
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